The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use, even for those without coding expertise, and comes with many options that will help you take your trading to the next step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. This allows traders to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available, making it easy for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy to see how many trades the strategy opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most out of the trading strategies you employ.